Biopesticides are becoming increasingly popular and are safer than traditional chemical pesticides. Famers in the grain farming market are increasing the use of bio pesticides to protect the produce from pests, insects and weeds in farmlands. Farmers are using it as an alternative to control pests as they do not cause damage to the crop or plant. Biological organisms commonly known as antagonists, include predators, parasitoids and pathogens.
The grain farming market expected to reach a value of nearly $2 trillion by 2022, significantly growing at a growth rate of around 7% during the forecast period. The major drivers of the grain farming market are low interest rate environment, emerging markets growth and global economic growth. However, the market for grain farming is expected to face certain restraints from several factors such as weak wage growth in developed economies and reduction in free trade.
The grain farming market consists of sales of grains by entities (organizations, sole traders and partnerships) that produce grain crops and grain seeds. Grains include wheat, barley, oats, corn, rice and other grains. These crops are typically grown in open fields and have an annual growth cycle. This market excludes processed grain products such as flour and other products. This market also excludes the proceeds from the captive (internal) consumption of the grains for further processing.
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The global grain farming market is further segmented based on type and geography.
By Type – The grain farming market is segmented into dry pea and bean farming, wheat farming, corn farming, rice farming, other grain farming.
By Geography – The global grain farming is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the Asia Pacific grain farming market accounts the largest share in the global grain farming market.
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The agriculture market, of which the grain farming market is a segment, consists of sales of animal and crop produce and other support services by entities (organizations, sole traders and partnerships) that produce animal produce, crops and rural activities. Agriculture involves the cultivation of plants, and animal and bird rearing for food, fabrics, fibres, bio-fuel, medicinal and other products used to sustain and enhance human life. This market also includes horticulture and aquaculture. This market excludes proceeds from captive (internal) consumption of the agriculture and forest produce for further processing.
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The grain farming by end use market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast growth by geography. It places the market within the context of the wider agriculture market, and compares it with other markets.